Mr. Paul Saxton reports

GOLDEN BAND UPDATES NI 43-101 REVIEW DISCLOSURE

Golden Band Resources Inc., further to its news release of May 1, 2015, regarding the B.C. Securities Commission's review of the company's technical reports, has undertaken additional internal reviews of its La Ronge project and supporting technical reports.

Over the last number of years, the company has spent considerable time and effort consolidating a large number of mineral properties that occur throughout the La Ronge gold belt in Northern Saskatchewan that span a map distance of over 115 kilometres in length and up to 25 kilometres wide. The properties are not all contiguous. The original plan was to centralize the processing of ore that would be derived from numerous satellite mining operations at the company's Jolu mill. The satellite deposits that were initially examined as potentially viable occur approximately 50 to over 80 kilometres from the mill. After a several-year attempt to build a longer-term mining operation, it became clear that a consolidated centralized processing facility was not feasible.

Since announcing the indefinite suspension of operations in January, 2014, the company has been re-evaluating its activities from mine development to advancing its individual priority properties, and has identified the areas surrounding the Bingo deposit, Greywacke Lake and the immediate area around the Jolu mill as its current material properties. The material properties occupy non-contiguous claim blocks, and it is the company's view at this time that if a future positive economic study were to be realized at any one of the material properties, independent infrastructure would be utilized. The company deems these as material properties because it plans to focus its efforts at these locations in an attempt to identify an economic mineral deposit or deposits.

Given the company's current focus on these material properties, Golden Band intends to file a separate, independent National Instrument 43-101 technical report, including the most recent resource estimates, for each of the Bingo deposit and the Jolu mill area. The company's other properties in the areas surrounding Tower Lake, Waddy Lake, Weedy Lake and Contact Lake are not considered material properties at this time, but they remain good future exploration targets.

As such, the company's current technical reports, and mineral resources and economic analysis are no longer applicable, and therefore cannot be relied upon. The company is working with its consultants and qualified persons (as that term is defined under NI 43-101) to file the revised technical reports as soon as possible, and will keep the shareholders apprised of its progress.

We seek Safe Harbor.